On January 3, 2025, a decision was made that shook economic relations between Japan and the United States. U.S. President Joe Biden issued an executive order blocking Nippon Steel’s acquisition of U.S. steel giant U.S. Steel, citing national security concerns. This is a highly unusual situation in which the purchase of an American company by a firm from a U.S. ally was directly halted by presidential authority.
At 2:46 p.m. on March 11, 2025, Japan fell silent for one minute. At the exact time when, fourteen years earlier, the largest earthquake and tsunami in the nation’s recorded history struck eastern Japan, people across the country paused to offer profound condolences for the more than 20,000 who died or remain missing.